Cantor 2015 profits drop

Profits at financial services firm Cantor Fitzgerald in Ireland more than halved to €241,837 in 2015.

The drop in pre-tax profits at Cantor Fitzgerald Ireland Holdings Ltd came despite it posting a 4% increase in revenues, to €16.76m.

But much lower pre-tax profits recorded in 2015 came as a result of the firm’s net gain on financial instruments of €199,101 in 2015 having falling from €612,099 in 2014.